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Private Equity is Picking Up Accounting Firms By the Handful Now

Going Concern

On Friday, we prompted the readership to speculate about which mid-tier accounting firm was going to announce a private equity investment on Monday after a Reddit post teased an imminent announcement. Well this is a surprising turn of events. WHO’S NEXT?

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Texas Accounting Firm Brown Graham Celebrates 70th Anniversary

CPA Practice

OBannon The Texas-based firm of Brown Graham is celebrating its 70th anniversary in 2025, celebrating a legacy of trusted client relationships, professional excellence, and a commitment to service that began in 1955. We’re proud of our history — and even more excited about the future as we continue helping our clients and communities thrive.”

Texas 109
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UHY Receives Private Equity Funding From Summit Partners

CPA Practice

UHY is getting an injection of private equity funding from Boston-based investment firm Summit Partners, calling it a significant milestone in its growth and strategic development, the top 30 accounting firm said on Dec. With this deal, more than 35% of the top 30 accounting firms in the U.S.

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Forvis Mazars Adds Florida Accounting Firm MSL

CPA Practice

MSL provides audit, tax, and consulting services and its key strengths include a robust audit practice for clients in the healthcare, public sector, construction, real estate, commercial products, and nonprofit industries.

Florida 104
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Citrin Cooperman to Acquire Teplitzky & Co.

CPA Practice

Top 20 accounting firm Citrin Cooperman is expanding its presence in Connecticut and New England by acquiring Teplitzky & Co., a Woodbridge, CT-based accounting, consulting, and tax firm specializing in the healthcare industry, effective next month. Financial terms of the deal weren’t disclosed.

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SMBs Face Staffing Challenges Due to Unstable Economy, CBIZ Says

CPA Practice

Small and midsized businesses are facing growing staffing challenges, as rising business costs and economic conditions are prompting potential layoffs, according to the Fall 2024 Main Street Index from top 15 accounting firm CBIZ.

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Blue & Co. Merges in Mellen, Smith, and Pivoz

CPA Practice

Top 60 accounting firm Blue & Co. has expanded into the Detroit market after combining with Mellen, Smith, and Pivoz (MS&P), a full-service accounting and advisory firm based in Bingham Farms, MI, effective Nov. Carmel, IN-based Blue & Co. Blue & Co.’s